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Tavona Biza, the Group CEO of Old Mutual Ghana, has in an interview after  the ɔbra Pa Retirement Salary stakeholder engagement program held in Accra, advised Ghanaian youth to start thinking of retirement and life after retirement. Speaking after the event which was themed ‘Retiring with Confidence; how to live a fulfilled life with a retirement salary’, Tavona Biza explained that, “You don’t start planning for retirement at the age of 50. You start planning for retirement even at the age of 18. At that age, if you come to Old Mutual, we will craft a plan for you that will ensure that by the time you get to retirement, ɔbra Pa Retirement Salary will be there for you to enjoy. Start planning early, don’t wait till you are 50”. Old Mutual, Ghana’s innovative insurance company led the pack by recently launching a pioneering retirement product called With Profit Annuity dubbed “ɔbra  Pa Retirement Salary” to provide a guaranteed stream of income for retirees for the rest of their...

In a bid to ease cross border payment and settlement system for members of the Africa Continental Free Trade Area (AfCFTA), UBA Ghana has officially introduced the UBA Connect service onto the Ghanaian market. The product is an inter-entity service that allows customers to have instant access to their funds over-the counter at any branch within the UBA network, enabling customers to seamlessly transact from any country other than the country of account domiciliation.  With 42 currencies on the continent, this system will provide a platform for movement of funds with ease. United Bank of Africa Ghana, Africa’s Global Bank, has expanded its financial products with the introduction of UBA Connect Service, an extended feature of UBA accounts.   The service is targeted at account holders of the bank and walk-in customers. With the UBA Connect Service, customers can withdraw cash from their account and also undertake funding. Deposits can be done by third party customers. However, t...

UBA Ghana has donated boxes of African Literature Books to the Peki Senior High School, Peki Secondary Technical, Tongor Senior High, and Kpeve Senior High School all in the Volta region. This donation is in line with the UBA Foundation commitment to the education of African Youth through the Read Africa Project. Presenting the books to the various schools, Head of Marketing and Corporate Communications, Henry Nii Dottey, said UBA is committed to rekindle the dwindling reading culture amongst African youths.  “Our children no longer read; their passion for reading informative and educative books is fast eroding and this is part of the ills we want to correct in the continent’s educational sector”, he said. He added: “Having identified the need to curb the trend across the continent, the UBA Foundation came up with Read Africa to encourage leisure reading in junior and senior secondary schools students across Africa”.

The Managing Director of Ecobank Development Corporation Investments Ltd (EDC), Paul Kofi Mante, during Old Mutual’s ɔbra Pa Retirement Salary stakeholder engagement program held in Accra has ascertained that many people retire without plans to maintain cash flow in their lives. In expressing his worry, Mr. Mante said, “A lot of people retire and are rich in asset, but poor in cash flow. This means they may have a big house, but they can’t buy food. They may have a big house, but have a medical bill of 5000gh that they cannot pay. Mr. Paul Kofi Mante spoke as a panelist on Old Mutual’s ɔbra Pa Retirement Salary stakeholder engagement which was themed ‘’ Retiring with confidence; how to live a fulfilled life with a retirement salary’’. Describing Old Mutual’s ɔbra  Pa Retirement Salary, the Managing Director of Ecobank Development Corporation Investments Ltd said, “This product if taken seriously, could potentially prolong lives. What a product like Ɔbra  Pa does is to guarante...

Bolt Food has expanded its food delivery services across more regions in Accra to ensure that more customers can discover, order, and track orders of their favourite meals on the app. With the expansion, Bolt Food will now be available to customers in Lapaz, Sowutuom, Tantra Hill, Taifa, Awoshie, Adenta, Ashaley Botwe, Ashongman and Ogbodjo. Last year, Bolt Food was launched in Ghana to create an easy and accessible platform for restaurants and food vendors to connect with eaters without any hassle. The platform is growing due to its convenience, variety of food partners, and relatively low service cost to app users. With a presence in these additional areas, customers can now place orders for their food from various restaurants on the Bolt platform to be delivered right at their doorstep for convenience. Ali Zaryab, Bolt Food Country Manager, commenting on the expansion, said, “Our customers deserve convenience in all aspects of their lives. As such, we are delighted to extend Bolt Fo...

‘Wow I am so excited… this is my second time auditioning for Miss Malaika and thank God I made it through to finishing school, wow I really can’t believe I get be part of this amazing beauty pageant. I am very grateful!!’ One of the excited ladies expressing her joy after organizers, Charterhouse announced the names of the 30 ladies making it to finishing school for the most prestigious beauty pageant, Miss Malaika Ghana. Prior to this moment however, the 30 ladies had to go through vigorous audition processes at Tomreik Hotel and to ‘battle’ it out with over 200 hopefuls to make it to this stage. They met with prestigious judges, Elikem Kumordzi, Miss Sharon Coffie and Naa Ashorkor who had the rather tedious task of cutting the ladies down to 30 who will have the opportunity to be groomed at finishing school. On Monday 9th August, the 30 ladies , together with organizers made their way to Royal Senchi Hotel to complete the final phase of the audition processes. As part of the grooming...

Recent statistics of road accident and fatalities resulting from them are very worrying. The social and economic impact of these accidents on families and the nation at large cannot be overemphasised. One of the least heard among the list of those who bear the brunt of these accidents are the insurance companies. The fact is that for almost every one of these accidents, insurance companies open files to undertake a contractual duty of paying compensations and reimbursing for medical expenses and other costs associated with these accidents. They deal with the injured victims and families of those who unfortunately die through these accidents. When accidents cause deaths and injuries, not much can be done to restore the human losses and it is common to see people lose the use parts of their bodies after such accidents. Most others also either suffer a diminution in their ability to work or lose it completely and it is in such instances that compensations paid by insurance companies come ...

Old Mutual, Ghana’s innovative insurance company has once again led the pack by launching a pioneering retirement product called With Profit Annuity dubbed “)bra Pa Retirement Salary” to provide a guaranteed stream of income for retirees for the rest of their lives. The “)bra Pa (which means ‘good life’) Retirement Salary” was designed to help retirees experience all the good things they want in retirement. It helps them to enjoy a customized plan tailored towards their unique needs while helping protect what matters most to them in retirement. Rita Boateng, Head of Marketing and Operations at Old Mutual Ghana said: “our offerings and engagements with our customers are centred around targeted solutions where the needs, aspirations and behaviour of customers take centre stage. Most retirees would want to have a consistent stream of income to help them live life on their own terms. Life after retirement can be filled with uncertainties and unforeseen increase in cost of living which can ...

Absa Bank Ghana and the Mastercard Foundation have announced a joint partnership initiative known as Absa Young Africa Works, a program aimed at enabling young people, particularly young women to access dignified work by investing in micro, small, and medium enterprises (MSMEs). The Absa Young Africa Works initiative seeks to promote the financial inclusion of currently marginalised or excluded micro, small or medium scale entrepreneurs in Ghana and enable financing to undeserved MSMEs who are otherwise are unable to access business financing due to a range of factors, including the prevailing macro-economic factors. The Absa Young Africa Works, will specifically target MSMEs with training, consultancy as well as unsecured loans of up to GHs500,000. Launching the initiative, Abena Osei-Poku, Managing Director at Absa Bank Ghana, reiterated the Bank’s commitment to playing a shaping role in society through enterprise skills development initiatives designed to facilitate job creation and...

Tech and smartphone lovers are getting ready with excitement as Samsung is set to open the next chapter in foldable innovation on August 11, 2021 . It is expected that Samsung will unveil its new smartphones, the Galaxy Z Fold3 and Galaxy Z Flip3 at the upcoming global Galaxy Unpacked event which will be streamed online and on television (TV3) across Ghana at 1:45pm on Wednesday. Both devices are premium foldable smartphones built with the craftsmanship and flagship innovations Samsung users have come to love and expect. From iconic design to immersive entertainment, the New Galaxy Z Flip and Z Fold will give users a unique way to work, watch, and play.

The conservative Ghanaian insurance industry has undergone several disruptions in the past decade driven by an age of immediacy, new trends and fierce competition. Customers’ needs, knowledge and expectations have expanded exponentially and consequently the industry must extend beyond its core service propositions if it is to retain and acquire new customers. Given the industry’s slow nascency, dire penetration rates and ever reluctant nature of policyholders, insurers must innovate to succeed in enabling better futures for their customers. Indeed, there is progress; example being the recently introduced game-changing Motor Insurance Database which has facilitated a consolidated database while mitigating insurance fraud. As fintech spurred new life into the banking sector, so can insuretech transform insurance in Ghana. Thankfully, one insurance group, Hollard Ghana, is rising to the challenge with its unconventional disruptions so far centered around digital microinsuran...

  Ebuka took on the first BBNaija Shine Ya Eye live eviction show Sunday night, but there were no goodbyes – just surprises! After the ladies and gentlemen of the house settled in last Sunday, Biggie threw in the second twist of the season. He told the housemates that two from among them were Wild Cards and they had a week to figure them out. If they successfully did this, the two Wild Card housemates would be evicted immediately. Failure to do so meant they get to remain in the competition and battle it out for the grand prize. The housemates investigated, questioned, and tried hard to figure out who they were all week long. The viewers were not left out in the guessing game until Thursday when Biggie revealed that Maria and Pere were the Wild Cards. During their Diary Room sessions Sunday afternoon, majority of the housemates put forward Liquorose and Jaypaul as their prime suspects, to the amusement of viewers. However, the cat was let out of the bag when Ebuka asked the Wild Ca...